5206-5210 Saginaw Hwy Lansing, MI 48917
This exceptional 21,000 square foot retail center, situated on a 2.14-acre lot in West Lansing, presents a unique investment and leasing opportunity. The property boasts a prime location in a high-traffic retail corridor, offering excellent visibility and accessibility. The single-story building features three available suites ranging from 2,982 to 8,282 contiguous square feet, making it ideal for a variety of retail businesses. The center provides ample parking with approximately 130 spaces, ensuring convenient access for customers and employees. The property's strategic corner location on West Saginaw Highway and Elmwood Road provides multiple points of ingress and egress, enhancing traffic flow and visibility. The zoning is C-2 Commercial, allowing for a wide range of retail uses. A significant advantage is the presence of a USPS office as a neighboring tenant, guaranteeing consistent foot traffic. The property's location near large area retailers further amplifies its appeal and potential for success. The property's APN is 040-011-400-115-00. This is a rare opportunity to acquire a well-positioned retail center in a thriving West Lansing market. The property offers a combination of size, location, and amenities that are highly sought after by retail businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.